VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[OTCRIDER]

...But the present Sunni-Shia conflicts setting Saudi Arabia and Iran at each other's throats, particularly in Syria and Yemen, make the relationship between the two OPEC powers even more fraught.

"The fact that Iranian-backed Houthi militants are squaring off against Saudi-led troops in Yemen is not helpful, as increased Iranian oil revenues are likely to find their way to Iranian military interests in Yemen, Iraq, and Syria," Aberdeen Asset Management's investment strategist Robert Minter said.

The Middle East's 2 great powers are heading for a showdown over oil prices

http://www.businessinsider.com/r-saudi-iran-rivalry-sets-scene-for-opec-showdown-over-output-2015-12